Financial & Business News
LATEST INVESTING HEADLINES
NEW YORK, NY / ACCESSWIRE / November 22, 2024 / If you suffered a loss on your Xerox Holdings Corporation (NASDAQ:XRX) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/xerox-holdings-corporation-lawsuit-submission-form?prid=113196&wire=1 or contact Joseph E. Levi, Esq.
Here are some of the major companies whose stocks moved on the week's news.
Martin Marietta CEO Ward Nye on impact of incoming administration on existing government investments
Ward Nye, Martin Marietta Chairman & CEO, joins 'Closing Bell Overtime' to talk government investing and what a new administration means for its business.
HOUSTON, TX / ACCESSWIRE / November 22, 2024 / EON Resources Inc. (NYSE American:EONR) ("EON" or the "Company") is an independent upstream energy company with oil and gas properties in the Permian Basin. Today, the Company announced that it anticipates that it will not have a sufficient number of shares of the Company's common stock present in person or represented by proxy at the 2024 Annual Meeting of Stockholders (the "Annual Meeting"), scheduled for Monday, November 25, 2024 at 2:30 p.m.
Destination XL Group, Inc. reported a 10-11% drop in comparable sales for Q3 2024, leading to a significant margin decline and a second guidance cut this year. Despite efforts to maintain margins, the company has resorted to aggressive discounting to compete, impacting future margins and profitability. DXLG's valuation is distressed, reflecting its current unprofitability; however, a 10% sales improvement could make the stock attractive given its low EV.
Grass Valley, California--(Newsfile Corp. - November 22, 2024) - Rise Gold Corp. (CSE: RISE) (OTCQX: RYES) (the "Company") announces that it has appointed Mihai Draguleasa as the Company's Chief Financial Officer in place of Vince Boon, and Catherine Cox as the Company's Corporate Secretary in place of Eileen Au. The Company wishes to thank Mr.
COMPANY DETERMINES NOT TO PROCEED WITH PREVIOUSLY ANNOUNCED MINERA COBRE VERDE COPPER STREAM VANCOUVER, BC / ACCESSWIRE / November 22, 2024 / Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) ("Electric Royalties" or the "Company") is pleased to announce that the Company has entered into a definitive agreement with Battery Mineral Resources Corp. ("BMR") (TSXV: BMR) (OTCQB: BTRMF), Minera BMR SpA ("Minera BMR") and Minera Altos De Punitaqui Limitada (together, the "Vendors"), dated November 22, 2024, to acquire a 0.75% Gross Revenue Royalty (the "0.75% GRR") on the producing Punitaqui copper mine in Chile (the "Project" or "Punitaqui") in exchange for a cash payment of C$3,500,000 (the "Transaction").
VANCOUVER, BC , Nov. 22, 2024 /PRNewswire/ - Lumina Gold Corp. (TSXV: LUM) (OTCQB: LMGDF) (the "Company" or "Lumina") announces that it has granted incentive stock options and restricted share units ("RSU's") under the Company's Omnibus Equity Incentive Plan to certain directors, officers, employees and consultants of the Company. 7,805,000 stock options were granted and have an exercise price of $0.49 per share and will expire on November 22, 2029.
NEW YORK--(BUSINESS WIRE)---- $BCX--Today, the BlackRock closed-end funds listed below (each a “Fund,” and collectively the “Funds”) have announced changes to their monthly distribution amounts per share under their managed distribution plans (each, a “Plan”), as applicable, and declared their December distributions early. Each Fund has adopted a Plan to support a level monthly distribution of income, capital gains and/or return of capital. The Funds' monthly distribution rates for December can be found.
Competition among generative AI companies is heating up. On Friday, Amazon announced it would invest another $4 billion in the generative AI company, Anthropic.